Coronavirus Takes Life of Bulk Carrier Captain!

COSCO bulk carrier Feng De Hai arrived at Istanbul anchorage from Ukraine. The Captain was already dead when the ship arrived at Istanbul. It was later said that he died from coronavirus, though...

Weekly Maritime Security Report – Week 8, 2020

Protection Vessels International has released the 8th Weekly Maritime Security Report of 2020. The report summarized on 20th March 2020 highlights the various incidents that took place in the past weeks. Philippines: Robbers board chemical...

Despite Market Rally, the ‘Economic Cost of Epidemic’ Looms

After a brutal meltdown, some investors have been wading back into U.S. stocks. But others are wary of another leg down as the coronavirus spreads and its economic impact is difficult to predict, reports...

Coronavirus Pandemic Sparks an Unpredictable Mega Global Recession

The coronavirus has already created a deep global recession. In the best-case scenario, the virus may last one quarter. In the worst-case scenario, the virus will spread havoc for a year. Conventional recessions...

[Watch] US Finally Bells The Cat, Declares COVID19 Tragic Days Are Ahead!

In a major development, President Donald Trump finally leveled with America about the desperate reality of the coronavirus pandemic, warning of cruel weeks to come in one of the most chilling White House moments...

Seafarers Corona Testing To Safeguard Maritime Workforce!

In a major development, the US Coast Guard has issued a circular urging mandatory COVID19 testing od ship operators and seafarers, says a press release available on their website. What is it? The circular dated 27th...

How Has the COVID-19 Pandemic Impacted the ULCS Market

Large container ship orders have recently increased but the coronavirus will lead to slippage and suspended orders. Faced with rising slot prices on big container ships, owners have favoured shipments in palletised form...

China Lockdown Ease Can Bring A Second Wave of COVID19 Outbreak!

Now that China is slowly coming alive as restrictions and lockdown ease, the world is looking at it with more attention. With the pandemic affecting alomost every country in the world, all eye is...

Can A Cuban ‘Wonder Drug’ Save the World from the COVID19 Pandemic?

As the world is reeling under the COVID19 pandemic and every country is looking for a coronavirus cure, Cuba bells the cat and starts distributing a wonder drug, says an article published in the...

U.S. LNG Tanker Heading To China! First After Tariff Raise On LNG Imports!

  Laden LNG tanker heading to China from U.S., first since March 2019. The tanker SK Resolute loaded the cargo from the Cameron LNG terminal on March 22, iInitially heading to Cristobal, Panama. The...